R&D Spending on the Rise

October 1, 2010

Writing in the Washington Post’s College Inc.blog, Daniel de Vise cites a National Science Foundation survey which puts American universities’ R&D spending up 5.8% for last year. Beyond academia, industry spending on R&D “Rose 12 percent to $3.2 billion from fiscal 2008 to fiscal 2009, while the much larger category of federal spending rose 4 percent to $32.6 billion.”

de Vise also offers a snapshot of the Chronicle of Higher Education’s R&D ranking chart for academic institutions: